Skip to main content

About your Search

20121108
20121116
STATION
WETA 17
LANGUAGE
English 17
Search Results 0 to 16 of about 17 (some duplicates have been removed)
-- the so-called "fiscal cliff." but he and house speaker john boehner both insisted they'd hold firm on whether or not to raise taxes on the wealthy. here are excerpts from the president's first comments on the subject since his victory tuesday night. he spoke to a crowd of supporters in the east room of the white house. >> as i said on tuesday night, the american people voted for action, not politics as usual. you elected us to focus on your jobs, not ours. and in that spirit, i've invited leaders of both parties to the white house next week so we can start to build consensus around the challenges that we can only solve together. last year, i worked with democrats and republicans to cut a trillion dollars worth of spending that we just couldn't afford. i intend to work with both parties to do more, and that includes making reforms that will bring down the cost of health care so we can strengthen programs like medicaid and medicare for the long haul. i've put forward a detailed plan that allows us to make these investments, while reducing our deficit by $4 trillion over the next deca
romney in a minute, but first listen to what john boehner said after the election. >> mr. president, this is your moment. we are ready to be led. not as democrats or republicans, but as americans. let's rise above the this function and do the right thing for our country. >> later john boehner told diane sawyer he is the most reasonable, responsible person in washington and the president knows that. the fiscal cliff looms at the end of the year. will we reach a compromise before then, charles? >> i do not think it will be a comprehensive compromise. i think they will be able to patch something together. i think they will be able to agree on it true tax reform sometime next year. i think they will get past the cliff. if he insists on raising rates, he will be stymied. >> what is the message? >> it is a mixed message. i think we all agree the cornerstone of the president from message is we raise taxes on those earning over $250,000. mitt romney pledged to repeal obamacare. these are the essential points of their candidacies. i think he can point to that. but at the same time, he has to
fearing that whatever they do to help him will actually help him get re-elected. john boehner has 230-plus members, but 230-plus members that were re-elected because they didn't compromise. i think what we're seeing is they set up their public positions and then they'll have to do the real work behind the scenes. they're posturing things they know they have to move off of. there's been some warning in terms of whether tax rates go up. the president talked about revenue which is important because if you sa have a come prea hencive tax field you can get the new money by getting rid of some the deductions and the loopholes. so they are finding ways an they might raise $250,000. there are ways you can find a deal here. >> how much of this is the short-term especially is everybody trying to figure out what they can get away with? i've been where one side or the other say let's get together. and they be they find out, oh, may we don't have to. >> both sides are trying to present themselves as the most reasonable guy in the room. >> that's exactly what boehner said. >> exactly. i'm quoting here.
-- led by house speaker john boehner-- suggested a deal was possible, and invited the president to make a proposal. said boehner, "this is your moment. we want you to lead." >> we're willing to accept new revenue under the right conditions. what matters is where the increased revenue comes from and what type of reform comes with it. does the increased revenue come from what the government taking a larger share of what the american people earn through higher tax rates? or does it come from a byproduct of growing our economy energized by a simpler cleaner fairer tax code with fewer loopholes and lower rates for all. >> reporter: it all signaled a quick return to earth, after the jubilation of election night that swept up even chicago mayor rahm emanuel, during a live interview with the "newshour's" ray suarez. the president built his victory over mitt romney on a series of wins in battleground states, giving him 303 electoral votes-- 33 more than needed. he also was running ahead in florida, for another 29 electoral votes, but the state had not yet been called after long lines on tuesday
tonight compared to a week ago. >> reporter: while president obama and house speaker boehner both say they're open to new ideas, wall streeters remain cautious about the fiscal cliff. meridien equity partners' joe greco says the market doesn't expect it to be resolved this year. >> i think we're going to see a push pull back and forth and we're probably not going to see much compromise until mid to late january. if we don't get things in order by february that's when things can start to get ugly for the markets. >> reporter: with so much short- term risks, greco says retail investors are sitting on the sidelines until congress and the president reach consensus on the fiscal cliff. he says today's buyers were mostly institutional investors. >> you're going to see the bulk of volume just sit it out. because that has been what's worked in the past. if you have a position already it's probably a longer range view in which case no reason to mess around with it in the intermediary push pull. >> reporter: greco says the cliff isn't the market's only challenge. there's still europe's debt crisis a
think we're right back-- it's the point you were just raising, the second term-- john boehner can turn around-- they man a bit chastened right now, but 235 house republicans were also re-elected, so i don't know why the-- why the washington environment is a whole lot different. >> the other thing the president said was i'm not up for reelection again. so they look ahead, they see 2010 and think if taxes do go up for the middle class, it will be john boehner, and the republicans to take the blame. >> well, that may be but who is it going to play that kind of bluffing game with the debt ceiling because that's when you really risk tremendous market reactions and peril. i know you talked about david petraeus, and the whole foreign policy issue last night on charlie, martha, but do you-- let me ask you again, do you take seriously the notion that john kerry could be defense secretary? >> i think that was a trial balloon. >> you do? >> i 19, clearly both of those stories were trial balloons. president obama, obviously, took it a little further, quite a bit further today talking about susan r
year. that came after talks broan down between the president and house speaker john boehner. senator collins told the newshour today that she's optimistic lawmakers can still strike a deal and stave off the spending cuts. >> so this has to be done carefully. i think the president's right that -- and i've said this for a long time -- that we have to look at both revenues and spending. but there needs to be compromise on both sides. >> woodruff: but mcconnell said the president needs to put a proposal on the table if any agreement is going to pass. >> the time for the president to lead is now. that means offering a concrete plan that takes into account the fact that half the congo poses tax hikes. >> woodruff: on the democratic side house minority leader nancy pelosi rejected calls by some in the party who have argued for letting the country go over the cliff to get a better deal. >> i want you to be disabused of any notion that there's any widespread thought that it would be a good as a country for us to go over the cliff. we want an agreement. we want an agreement. >> woodruff: law m
regrated. >> rose: do you think the republicans are open to that idea? john boehner and mitch mcconnell. >> i've got to believe after this election they have to be open to that they have responsibilities beyond being political leaders and mitch mcconnell defined much of the last four years by saying his number one goal was to defeat barack obama. okay, that didn't work and now barack obama isn't going to run again so maybe he'll come up with another priority like let's get some things done. and i think if he does take that position -- but it will take enormous compromises also by democrats to get things done because this is a big hole we've dug ourselves in. >> rose: do you think -- will the president be different these four years because of, a, things he learned in the first four and b, he does not have to run for reelection again? >> i think not having to run for reelection does give a certain freedom. no question about it. on the other hand, we all do live within the confines of reality and he is in a very political town with a majority of the house republicans-- which was wha
and much more centralized in the leadership. so i do think that if you got say obama and boehner or romney and reid together with a relatively small number of people, you could exercise some pretty serious presidential leadership even with all the other thing going on in the country we talked about. >> rose: tom just joined us. go ahead tom. >> i'll just add to david's point i think when jon meacham 20 years from now writes the biography of president obama for his term there will certainly be a chapter that will be titled how could it be that barack obama turned out to be the worst communicating modern president in american history. and i think that's been himself has acknowledge that he had no narrative. i think that part of it was he was reacting to the hillary criticism, he just gives speeches. part of it he was truly focused on the substance of what he did. i would argue that it was not all just this noise thing. they had a very bad communication strategy and operation. there's a way of getting things across and repeating things. the way of explaining things like healthcare in a way a
a tax increase. if speaker boehner says i'll go along with that, that's where we'll start. i think the conversation is under way for a solution. >> ifill: senator durban, are you kicking the can down the road by only talking about the tax ruts and not talking about the spending cuts as well? >> let me tell you something, i was on the bowles simpson commission, i voted for it, bipartisan commission that included spending cuts as well as revenue increases. i know that to reach four or five trillion dollars in deficit reduction you need to put everything on the table. not just taxes for the wealthy. that's an important piece of it, but it isn't all of it. you need much more. >> the president said today in his news conference that he was very familiar with the literature on the overreach of presidents in their second term or their potential for overreach. do you think that's a possibility here? do you see that? we have heard, for instance, republicans say, hey, we can talk about immigration now. is it possible that some things actually are in reach? >> oh, i do think -- i think immigra
speaker john boehner said yesterday that republicans are willing to consider raising revenues, but only within limits. >> the president has called for a balanced approach to the deficit-- a combination of spending cuts and increased revenues. but a balanced approach isn't balanced if it means higher taxes on small businesses that are the key to getting our economy moving again and keeping it moving. >> woodruff: meanwhile, republican and democratic senators-- known as the gang of eight-- have restarted talks aimed at finding a deal. they held a conference call yesterday. and wall street signaled its own concern with wednesday's big sell-off. it was blamed partly on fears there will be no deal, and the country will go off the fiscal cliff. a number of business leaders are starting to take a more public position on how to tackle the fiscal cliff. we get the views of one of the c.e.o.s who have joined in with the campaign to fix the debt that we referred to in our piece. mark bertolini is chairman and c.e.o. of aetna, a health insurance company with more than $33 billion in revenue and a w
engaged and motivated to keep making the case. now, i do think that speaker boehner did say that he was open to new revenue, it is an open question about how many folks in this caucus will be. there are a lot of republicans, tom coburn, the rock-ribbed conservative senator from oklahoma has also been very open about it. so i think that you are seeing some people who are very firmly on the political right who are saying that, "look, we're willing to give an inch on revenues if we can also make some reforms on the spending side." >> i think we're missing the point when we look at the political parties. we should keep our eye on what's happening to working families. and working families have been hurting since at least the 1970s. and they've been hanging on by, you know, one manner or another that is really not fundamental. the fundamental way families make money is through work and savings and buying a home and accumulating wealth. but what's been happening is that first you had wives and mothers that went into the workforce. now, ultimately this was a good thing for women to be in th
Search Results 0 to 16 of about 17 (some duplicates have been removed)